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China intends to build one of the largest solar power plants in the world at a cost of about US $ 765 million, state press reported Tuesday (21/11).
The 100-megawatt facility, to be built in Dunhuang, an oasis city in northwest China's Gunsu province, will be a joint venture between the local government and Zhonghao New Energy Investment Beijing, Xinhua news agency said.
Construction of the project will take five years.
The report follows a plan announced by Australia last month to build the world's largest powerhouse, the 154-megawatt giant, which its builders said could reduce greenhouse gas emissions by about 400,000 tonnes per year.
Australia, like the United States, has refused to sign the Kyoto Protocol on climate change, and it is part of Australia's rethinking of the national environmental policy, which has been heavily criticized at home and abroad.
China on its own, which signed the Kyoto accord in 1998, is the world's second-largest climate change gases after the United States, and the world's largest coal burner.
About 70% of China's energy comes from burning fossil fuels and hundreds of more coal-fired power stations are built annually.
China has set a target for renewable energy by 16% of its overall energy production by 2020 and will raise the energy efficiency per unit of gross domestic product (GDP) by 20% over the next four years.
But there have been signs that the target is not reached, with energy per unit of GDP rising 0.8% in the first half of this year, according to government figures. (* / lpk)